💨 Abstract

Microsoft has reportedly scrapped leases for significant data center capacity in the U.S., indicating potential oversupply as the tech giant expands AI infrastructure. The move follows growing investor skepticism over AI infrastructure investments due to slow returns and Chinese startup DeepSeek's cost-effective AI technology. Microsoft canceled leases totaling a few hundred megawatts with two data center operators and paused converting precursors to formal leases.

Courtesy: theprint.in

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